selling car privately

mumibear

How safe are bankers drafts - someone is wanting to take my car with part cash and part bankers draft for payment - want to take the car with them - how can I make sure I am not going to end up with no car and fake cash/bankers draft?

Hoof_Hearted

Say no if you want to be paid differently!

colino

Don't accept a bankers draft. Far too many fakes floating around and the banks look after themselves, sometimes removing cash from your account weeks after the initial draft has been put in your account. If the buyer doesn't want to carry a lot of cash, get them to meet at your bank, have them withdraw the cash (if they don't have the funds they wouldn't have got a draft) and immediately put that cash into your account.

JQ.

I definately would not accept one, as stated above there are too many fakes. Personally I'd go for a a bank transfer, either BACS or CHAPS.

Hammyman

Take the buyer and the bankers draft to the bank who made it out. They can confirm there and then if its genuine as it'll be recorded on their system. Simples.